Bulgaria recorded the sharpest annual increase in fuel and lubricant prices across the European Union in May, according to Eurostat data. Compared with the same month a year earlier, prices in the […]
Month: July 2026
Bulgarian Competition Commission Fines Firms Over Misleading “Butter” Labeling
The Commission for the Protection of Competition (CPC) in Bulgaria has imposed fines totaling 309,689 euros on two companies over the misleading marketing of a product presented as butter. The sanctions […]
Will Higher Taxes on Second and Third Homes Cool the Property Market in Sofia?
Sofia’s housing market is entering a new phase in which the focus is gradually shifting from the traditionally dominant southern districts to emerging areas in the north of […]
Ukrainian Investor Nevzorov Rejects Allegations in “Baba Alino” Case
Ukrainian investor and KYB corporation owner Oleg Nevzorov has rejected allegations of misconduct and political protection in connection with an ongoing investigation related to the “Baba Alino” construction project […]
Bulgaria to Assemble Chinese EVs for EU Market in Lovech Area
Bulgaria is preparing to restart passenger car manufacturing, with plans for the country to become the exclusive EU production hub for the upcoming GWM Ora 5, an electric […]
Bulgaria’s Patriarch Daniil Supports No Sanctions on Russian Church Leader Kirill
Bulgarian Patriarch Daniil declined to directly address whether opposing sanctions on Russian Patriarch Kirill contradicts Bulgaria’s national interest, as the Holy Synod of the Bulgarian Orthodox Church held a scheduled session alongside […]
Bulgaria’s 2026 Budget Draft Sets Highest Deficit Since Videnov Era, Triggers Political Clash
The Bulgarian government presented its draft budget for 2026 on Wednesday, setting a deficit of 5.7% of GDP, the highest figure in three decades, and immediately drew fire from […]
Officially: DARA Becomes Bulgaria’s Face to the World
Eurovision 2026 winner Darina Yotova, known as DARA, has been chosen to represent Bulgaria in a major international promotional campaign aimed at boosting the country’s global image. The […]
Bulgaria: Asen Vassilev Slams Budget 2026 as “Suicidal” and Misleading
Former finance minister and current “We Continue the Change” (PP) leader Asen Vassilev sharply criticized Bulgaria’s draft Budget 2026, calling it fundamentally misleading, legally questionable, and economically harmful. He argued […]
Finance Minister: Bulgaria’s Eurozone Entry Based on Accurate Data as Budget 2026 Advances
The draft 2026 state budget will be submitted to the Council of Ministers on July 1 and then forwarded to parliament the same day, Deputy Prime Minister […]